The Role of Leadership in High Tech Manufacturing Companies in a Changing Environment

Author:

Triantafyllopoulos Yiannis1,Konstantopoulos Nikolaos2,Sakas Damianos P.3

Affiliation:

1. University of The Aegean

2. University of Aegean

3. University of Peloponnese

Abstract

This article aims to examine the role of leadership after a change in the business environment of a company, such as a Merger and Acquisition, in high tech manufacturing companies. Particularly as the number of mergers and acquisitions (M&As) continues to increase and during recession times is one of the most common strategy, more leaders are called upon to to develop their skills an play the most important role for the company strategy. For this purpose both qualitative and quantitative methods are used to examine the effect of leadership after a Merger and Acquisition in some Greek companies that operate in manufacturing business. Findings indicate that in many cases the change that occurs as a result of a merger is imposed on the leaders who have the critical role not only to communicate effectively the company strategy but also to find the correct ways to apply the requested performance management strategies, such as recognition, innovation and others in the new company employees.

Publisher

Trans Tech Publications, Ltd.

Subject

Mechanical Engineering,Mechanics of Materials,General Materials Science

Reference9 articles.

1. McBain, Human Resource Management, Management Update, Vol. II, 1999, No1, pp.22-30.

2. K. Fairfield, 10 Myths of Managing a Merger, Across the Board, 1992, May, pp.13-15.

3. M. J. Hatch, The cultural dynamics of organizing and change', 2000, In N. M. Ashkanasy, C. P. E. Wilderom, & M. F. Peterson (eds), Handbook of Organizational Culture and Climate, p.245–261. Sage Publications Inc., London.

4. M.L. Marks and P.H. Mirvis, Joining Forces: Making One Plus One Equal Three in Mergers, Acquisitions and Alliances, 1998, Jossey-Bass, San Francisco, CA.

5. D. Van Knippenberg and M. A. Hogg, A social identity model of leadership effectiveness in organizations,. In: B. Staw and R. M. Kramer (eds), Research in Organizational Behavior, 2003, 25, p.245–297. JAI Press, Greenwich, CN.

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